07.29.10
Posted in Uncategorized at 5:47 am by optionplayer
This Government will not contemplate selling property just in case it would bankrupt the banks. The State’s argument is that the market is depressed so if we were to sell the land, we would not get a fair price for it.
But now it wishes to sell State ASsets !!
So why can it sell ESB — a real company with real assets —
Why is it imperative to sell proper state assets and inconceivable to sell useless land?
Why does the State believe that it is okay to have a fire sale of the family silver & yet protect the very asset which caused the problem in the first place?
The biggest single economic issue facing not just Ireland but all of the global economy, is energy. The most far-sighted countries are those which are harnessing their energy companies’ resources to come up with an environmentally friendly and efficient new energy blueprint.
Ireland? We flog the main energy company, which will end up in the hands of a private equity outfit that has little more than a five-year time horizon.
‘The insiders” elite being bailed out by NAMA? Well the same lads emerge as winners again.
The stockbrokers, bankers , lawyers politicians should be ashamed !
What about the big law firms, the ones who put the property deals together in the boom? Well apart from being given a gig at NAMA, they will be paid with your cash to issue legal prospectuses, which will govern the terms of the privatisations.
What about the big auditor companies? What about these guys who audited the likes of Anglo and Irish Nationwide and saw nothing at all untoward? Well they will be given hefty fees in the privatisation process to produce audited accounts of our companies.
And what about the geniuses in the Irish pension fund industry, the ones who bought shares in Anglo and the Bank of Ireland when they were in the high teens? These lads will be given another opportunity to shine by being given cheap shares on a plate — for which they will take a fee for buying a company on our behalf, a company which we already own!
Selling state assets for a decent price could well be a clever thing to do, but selling cheaply is always stupid, particularly if it doesn’t solve the underlying problem.
When you look at this idea of flogging the family silver right now, you see that Ireland is doing everything backwards as this Government fumbles from one crisis to another. In economics, when a country or a company gets into huge debt difficulties, the standard approach is to kick off the recovery with a debt for equity swap. This means you tell the people who are owed money that they will have to take shares in the company or in the country instead of real cash, which the country can’t afford to pay.
In Ireland , the Government is doing the opposite: by privatising now, selling real valuable equity to pay for old debt! So rather than a debt/equity swap, doing an equity/debt swap in a depressed market.
A Disaster strategy.
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Posted in Uncategorized at 5:10 am by optionplayer
Obviously Washington is behind the UK Cameron PM’s words & part of this junior relationship –
but it is a dangerous game, Washington is playing –
they have been giving aid especially under BUSH & so too under the current administration- to Pakistan for military purposes,
& now wish to say, it is going towards terrorism-
so they just woke up to it now ? PLEASE ! liek all Terror , the fundign comes from the STATE?
LOOk at Red Brigade , Bader Meinhof , IRA ,
countrioes like UK, US ,China ,Russia, Italy ,France, Israel, Spain, Saudi Arabia , INdia , Germany etc etc , alll like to have double standards !
or has the game rules, changed ! & like Iraq- for 20 years we support you- & assist your killings & then we turn against you ?
Both Western leaders should be disgusted with this double standand
as for the Pakistan Aircrash- on the day 150 people are killed , only the Russian President send condolences – whilst the British wish to stir up more hatred! for the NEW Game!
also what is the UK like US doing wishing to build India’s Nuclear abilities- whilst saying no to Iran & now interfering with Pakistan!
all part of the MILITARY Industrial sick Complex! as for 9 11
many have said for 8 plus years Americans colluded with Pakistan!
what a dirty bunch of supposed leaders who are ignorant of reality and the facts!
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07.27.10
Posted in Uncategorized at 9:21 pm by optionplayer
No share prices dives the way this company has after selective present & past management has sold shares – unless there has been a serious hole created in the books !
Market talk about reducing staff by 25% so to meet cash flow – requirements is a cheap & questionable solution!
Ex members of Centrica ! as well as past management must be all recalled if there has been negilence
re contracts, re costs, re fees, etc re who was paid for what & achieved excatly what etc ?
as with the New Government CON /LIB This must be their first example of making sure there is no white collar crime, getting away scott free & once again stuffing current shareholders & present employees!!
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07.26.10
Posted in Uncategorized at 3:13 pm by optionplayer
Malcolm Turnbull revealed the difficulty, to be associatd with a leader who does not understand the environment & has a different agenda to his own ! & is caught with old & snobbish politics !
as for Labor,, who appear lucky to have an ineffective opposition , whether it is Environment Gay issues , Education etc there is much that they have achieved, but seem to be seriously leaderless & rudderless ! who should be the real new leader of Labor ! Bill Shorten?
As for Greens, it is true they are not properly focused on Environment but trying to be the alternative Party with questionable members! & limited real substance ! & have a strange record in the Senate!
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Posted in Uncategorized at 9:58 am by optionplayer
Yesterday on BBC Sunday Live the slot currently filling in for Nicky Campbell’s show
had ex Minister Kim Howells on Talking ! wow what trash!
his ignorance & comments re the War so far-
& when you google his name -
the story about when he was Gov Minister he was siding with the Right Wing Gov in Colombia against their respective Union Movement -
so causing UNITE UK to ask for the Minsiter’s resignation 2008!!!
The POINT !! DRUGS & more D R U G S is the business -
& when left wing MP’s get so contaminated like Civil Servants, like Journalists etc
this conflict will go on for YEARS, as MONEY is financing the long game !
LIFE does not matter to this or those that are involed in the BILION DOLLAR BIZ &
it is GLOBAL,
so why we have Dutch/ Polish/ Australian/ American /Italian/ French etc TROOPS in the region
now we will draw Pakistan into the game !!
as there is no SHAME
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07.25.10
Posted in Uncategorized at 10:58 pm by optionplayer
WHy do Liberals have David Barker replaced by Miss Priest
& Don Randall , rambling on about what ?
who has the right to talk about faith, when the Liberals are being led by a seriously questionable candidate re relegion & supposed beliefs !
Where is the Liberal/Coalition Morality re the Holding Centres in Indonesia ?
the atitude & policy agenda re the Boat People! as there is too much hypocrisy! These humans should be treated correctly- especially after the gangs have abused them with the excessive fees that have been taken!
Where would Australia be , if it did not welcome those that wish to truly work!
stop bigotted behaviour!
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07.23.10
Posted in Uncategorized at 6:38 pm by optionplayer
at the same time,
on the borders of Colombia / Venezuela there is more tension
with the New Colombian Elected President coming from the security forces- so looking & expecting & depending on trouble !!
who in the WEST maybe stiring these two troublespots !! for starters !
& we have not even commented on Africa & the various hot spots!
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Posted in Uncategorized at 9:18 am by optionplayer
so no misbehaving from the Earl of Wentworth! as he carries far too much unelectable baggage.
Already to many games have been going on – putting Labour asside-
if the Liberals are serious about Government- they must bury old differences–
Goldman & many questionable sagas – would in any normal society , put the Earl out of running in any race, but especially to be PM-
so lets hope Tony ABbott will get & have seriously ALL LIberals behind him- as pety games again- will be destructable
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07.22.10
Posted in Uncategorized at 7:57 pm by optionplayer
Electors who disapproved of Prime Minister Julia Gillard were asked: “What worries you about Julia Gillard?”
“She’s untrustworthy and she’s not capable of representing Australians at home and overseas.”
“Well, I’m worried about how she took over Kevin Rudd’s job.”
“She’s sneaky.”
“I don’t think she’s qualified, the way she got the job.”
“She’s not a very trusting politician.”
“The fact she ousted her Prime Minister.”
“She was not actually elected.”
“She’s dishonest and just doing the same thing as Kevin Rudd.”
“I don’t approve of how she came into power.”
“I just didn’t like the way she came into office.”
“She stabbed people in the back to get into power.”
“She was supposed to be Rudd’s assistant and she turned him down and threw him out.”
Electors who disapproved of Opposition Leader Tony Abbott were asked: “What worries you about Tony Abbott?”
“His religious beliefs.”
“He’s got crazy eyes.”
“He’s extreme to the right.”
“He’s an egotistical self serving horn-blowing politician and arrogant.”
“His anti-abortion stance and he’s too much of a catholic fundamentalist.”
“Look, I’m a Liberal voter, but I don’t like him as he’s an arrogant Catholic man telling women what to do.”
“He’s a loose cannon and very slippery when you listen to him talking. I just don’t trust him.”
“I don’t hear anything sensible coming out of his mouth.”
“His inconsistencies.”
“He talks too much and there’s no action.”
“He has no policies, no substantial beneficial policies.”
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Posted in Uncategorized at 2:40 pm by optionplayer
Plesae what trash.
Rudd was neglect , because he put trust & loyality in this red head Julia Gillard & was betrayed.
When the right thing is to stand up to Mining self interest & greed, & when those assets are Australian Peoples Future– reckless ignorant party politics is wrong!
Labor should have stood united for the good of the counrty -
re Mining excessive greed-
but they played out a back room deal for who & on what terms ???
Can they Labor & Gillard , now be trusted ??????
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